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the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the markets can lift but right now the view is for a nothing market from here till year end. once the seasonal increases go away, we could have tax increases rand spending cuts if we get a deal. why is that going on a headwind for the stock market? >> i think it will be. if the taxes go up, i think that's something that hurts consumer confidence. you've seen the retail sales in the last part of this season here, have sold off, and many people have said it's because of the fiscal cliff. >> kind of depressing when you say it's a nothing market between now and the end of 2013. how do you make money, if you want to see it's going to be a -- >> he knows rhyme going to say buy apple. it's up 20%, up 50% and some off a little bit. if it sells off, you'll have nice dividend stocks like ant anti--sizer, the subplatform of all of the smartphones. >> there's way to m
the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the markets can lift but right now the view is for a nothing market from here till year end. once the seasonal increases go away, we could have tax increases rand spending cuts if we get a deal. why is that going on a headwind for the stock market? >> i think...
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and a lot of them say, eamon, i've been elected to be a check on the president and that's what a lot of this is about. >> right. this is deeply held, fundamental belief on both sides and there's a huge chasm between the two sides on these issues. and somebody's going to be a loser here if there's a deal. somebody's going to be perceived as having gotten rolled and neither side wants to be the party who got rolled here. i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole sequester was a way to deal with this later. and corker, i think, on some of the morning shows this morning, senator corker said the worst case today would be to set up another later deadline that
and a lot of them say, eamon, i've been elected to be a check on the president and that's what a lot of this is about. >> right. this is deeply held, fundamental belief on both sides and there's a huge chasm between the two sides on these issues. and somebody's going to be a loser here if there's a deal. somebody's going to be perceived as having gotten rolled and neither side wants to be the party who got rolled here. i think both sides are looking at if fiscal cliff right now and...
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despite the fact we've had all these worries, whether it be the fiscal cliff, the election, the situation in europe. nonetheless, gold has just not been the safe haven. this morning, it was industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of holdings compared to the jpmorgan holding approved on december 14th. >> i think 182,000 physical tons they could take off the market. we'll revisit it later. for a moment, thank you. bob pisani is joining me on the floor of the nyse. the big discussion is about retail and what the figures from mastercard tell us. >> i just want to point out that the dow industrials dropped in the middle of the day. there had been some concern
despite the fact we've had all these worries, whether it be the fiscal cliff, the election, the situation in europe. nonetheless, gold has just not been the safe haven. this morning, it was industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a...
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not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will be. in 12 months from now, we'll be right back it an again. whatever happens over the next three weeks will be part of some campaign 12 months from now. >> i would rather worry about principle than politics and the republican party has very few principles left. one not to raise tax and the other extract serious spending cuts. you have a bunch of democrats we lost the whole point, you have the democratic party for 10 years, they have been willing to go for tax cuts and they voted for that. >> that's factually wrong. in any time you have an individual -- they didn't vote for tax cuts under bush and your president
not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will...
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it is just -- we talk about elected leaders to make decisions, to build confidence. not just for the individual consumer but for corporations. i mean, my gosh. this is why we elected people. we should not be in this situation. >> no leadership. from an executive standpoint, how are you going to deal with that? there is a story out there today that it is too late for employers to withhold the proper amount of income taxes for 2012 levels because the irs hasn't released the 2013 table. so as an employer, what are you going to do in terms of taking income taxes out of your employee's paychecks. >> we're not changing the level -- >> you're sticking to 2012 levels? >> we are. i'm hopeful there will be some decision bit end of the year. but if anything it is small decision, bigger decisions will have to be made in 2013. that's again what is so disappointing. by the way, there is also this issue with supplemental appropriations going through with superstorm sandy. $64 bill worthion worth of aid. after ska trina this was approved by the house. we are looking for this before
it is just -- we talk about elected leaders to make decisions, to build confidence. not just for the individual consumer but for corporations. i mean, my gosh. this is why we elected people. we should not be in this situation. >> no leadership. from an executive standpoint, how are you going to deal with that? there is a story out there today that it is too late for employers to withhold the proper amount of income taxes for 2012 levels because the irs hasn't released the 2013 table. so...
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they get elected by giving out candy. >> i agree. i think that's why we need somebody to come along, a type for fiscal policy this year in the next coming years to make the hard choices that aren't popular that will put us on a sustainable path going forward. >> craig and andy, thank you both very much. have a happy new year. >> you too. >> same to you. >>> all of this what we learned from our past is what exactly? let us check in with rick santelli at the cme. before we get into that, you and i were going back and forth in e-mail about $250,000. what people don't seem to get is 250 under clinton is not 250 today. it will capture about twice as many taxpayers. you can't make the historical reference. >> no, you're exactly right. you know, when the government deals with their public pensions and their unions, do they ever forget to inflation adjust? of course not. but look at two times they failed to. when we hear going back to the clinton tax rate of 39.6 in '93. 250 grand threshold in today's dollars will be about $165,000. a 35% mi
they get elected by giving out candy. >> i agree. i think that's why we need somebody to come along, a type for fiscal policy this year in the next coming years to make the hard choices that aren't popular that will put us on a sustainable path going forward. >> craig and andy, thank you both very much. have a happy new year. >> you too. >> same to you. >>> all of this what we learned from our past is what exactly? let us check in with rick santelli at the cme....
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, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress, yet, he doesn't lead. he hands it over to a man who hasn't passed a budget in years. >> at 3:00, we'll meet. and i'll tell congressional leaders, you come up with the package, tyler. >> the real tragedy, what it says about the quality of leadership in this country. they can't lead, seem unwilling to lead. that's what's distressing to individual voters and to the markets. >> thank you, joining us, and thank you, out there. we'll join "mad money" right after this break. and we'll see michelle right after that on a special "kudlow report." let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centu
, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress, yet, he doesn't lead. he hands it over to a man who hasn't passed a budget in years. >> at 3:00, we'll meet. and i'll tell congressional leaders, you come up with the package, tyler. >> the real tragedy, what it says about the quality of leadership in this country. they can't lead, seem unwilling to lead. that's what's distressing to...
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elections have consequences. i won. it's not a nice tack to the center where i'm going to govern for all of you. are you coming back? >> i'm going to. >> the jacket is coming off, though, right? >> christmas eve and i'm celebrating. as you know, we had the tree going this weekend with the lights on. >> that's so nice. there's one other thing i sought on that thing over the weekend that you brought us that i was going do -- oh,no. did you see mitt romney did not want to run? >> i saw that. that was in the boston globe. that was a great piece worth reading. then he found out how bad things were going on his ipad. >> yeah. but maybe he didn't want to run because there were times i really kind of thought it looked like he didn't want to run. >> yeah, but towards the end, i thought he did. >> he tried hard. thanks. >> okay. >> come over here. >>> in other news, a dock worker strike on the atlantic and coast could be just days away. port operators have been negotiating with the long shoreman association since march. but the t
elections have consequences. i won. it's not a nice tack to the center where i'm going to govern for all of you. are you coming back? >> i'm going to. >> the jacket is coming off, though, right? >> christmas eve and i'm celebrating. as you know, we had the tree going this weekend with the lights on. >> that's so nice. there's one other thing i sought on that thing over the weekend that you brought us that i was going do -- oh,no. did you see mitt romney did not want to...
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we elected to you lead, not to follow the hard left or hard right. govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> a huge storm spanning frlgts midwest to the east coast is dumping plenty of snow and rain across the nation. dr. greg postell from the weather channel has more on exactly what's going on. over to you. >> thanks, the snow storm is beginning to wind down
we elected to you lead, not to follow the hard left or hard right. govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq,...
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if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the rest of europe. she may survive compared to every other government. >> it will be fascinating to see if she wins how her policy changes with less political risk. >> once you don't have to battle the god of re-election, everything changes. >> as we have seen in this country. >>> a winter storm slamming the east coast and impacting the northeast, after the break. >>> the latest place banks are turning to in the hunt for yield. am [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ] and step out of the shadows. hi! how are you? [ male announcer ] learn more
if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the rest of europe. she may survive compared to every other government. >> it will be fascinating to see if she wins how her policy changes with less political risk. >> once you don't have to battle the god of re-election, everything changes. >> as we have seen in this country. >>> a winter...
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obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr. president, the house, we hear this so often, is controlled by the reap warnings and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support, if it were reasonable, but right now we haven't heard anything. i don't know, and it's none of my business, i guess, although i am very serious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legislate with y
obama was elected with a surplus of about 3 million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but, again, i guess with the dysfunctional republican caucus in the house even the speaker can't tell what he's going to do because he backed off even his own proposal. mr....
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he won the election. he now has the right, morally and politically to force his version of a deal upon people. we also have to consider the dynamics of congress. you know, boehner is going to be coming up to a speaker election january 3rd. all it will require is 17 republicans to overthrow him if they don't support him. that is a tiny number. you could argue this is inherently unstable. you could argue that maybe we're going to get it. some talk about bringing him an outside speaker like john huntsman. and i don't see that happening. but you get a sense of anything could happen in this system. >> and maybe it's a benefit. maybe in the long-term, but certainly right now there does seem to be a sense that it is a small group of people holding the rest of the process hostage. >> oh, yes. i'm trying to find something good to say about something. because the alternative is china, you know? i'd rather have a -- >> is that the case, though? is there not an alternative that you see and other examples as you look
he won the election. he now has the right, morally and politically to force his version of a deal upon people. we also have to consider the dynamics of congress. you know, boehner is going to be coming up to a speaker election january 3rd. all it will require is 17 republicans to overthrow him if they don't support him. that is a tiny number. you could argue this is inherently unstable. you could argue that maybe we're going to get it. some talk about bringing him an outside speaker like john...
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and since election day, the markets have been fighting worries over the fiscal cliff. in the meantime, we'll take a short break. back in a minute. >>> we are glad to welcome back simon hobbs to the program. he's going to tell us what's coming up at 10:00. >> always good to be back, carl. welcome, everybody. we're going to talk particularly about retail. do we have a problem in retail, and what exactly is it. the ceo of the national retail federation will join us live. we're going to break down specifically whether it's the sandy effect or luxury goods effect. one you might want to sell on. the other thing we talk about is house prices. clearly this morning up over 4% year over year, in the top 20 cities. when will the jobs come back in construction. will that be the major theme for 2013. back to you. >> simon, see you in a couple. the dating scene is hitting a fiscal cliff of its own. an article in the noew york tims may not matter if your credit score is less than attractive. the "times" interviewed more than 50 daters around the u.s. all under 40 years old. what is t
and since election day, the markets have been fighting worries over the fiscal cliff. in the meantime, we'll take a short break. back in a minute. >>> we are glad to welcome back simon hobbs to the program. he's going to tell us what's coming up at 10:00. >> always good to be back, carl. welcome, everybody. we're going to talk particularly about retail. do we have a problem in retail, and what exactly is it. the ceo of the national retail federation will join us live. we're going...
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before the election. excuse me. >> yes. >> fiscal cliff week after the election. 75%. >> yes. >> it was on everybody's mind. >> great. thank you so much. >> thank you so much. >> i want to shop for a living, too. >> please. >> come join us thanks to mary. all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question
before the election. excuse me. >> yes. >> fiscal cliff week after the election. 75%. >> yes. >> it was on everybody's mind. >> great. thank you so much. >> thank you so much. >> i want to shop for a living, too. >> please. >> come join us thanks to mary. all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male...
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in 2010 and then re-elected, a lot of them did get re-elected, and supposedly don't care if they get re-elected again, would you use the debt eagle? once we go through this and the cliff is no longer, would you play hardball with the debt ceiling knowing that you're going to be blamed for that and lose your seat in 2014? >> it would depend on the promises that i made to get elected. what we have is a roomful of people who made promises that probably can't be kept. and they're worried about going home, and giving a speech in a high school auditorium and having somebody stand up in the back and say, hey, you said you wouldn't raise taxes under any circumstances. so that's an impossible promise to keep in today's world. >> you think it still works, though, if this all happens in january? >> sure. >> you think that then they can say they kept the promise? >> sure. i mean, look -- >> you don't think the public sees through that? >> i wish i 0 could say that i thought the public sees through. listen, the market doesn't seem to be too bothered by the fact that it seems at this point to be i
in 2010 and then re-elected, a lot of them did get re-elected, and supposedly don't care if they get re-elected again, would you use the debt eagle? once we go through this and the cliff is no longer, would you play hardball with the debt ceiling knowing that you're going to be blamed for that and lose your seat in 2014? >> it would depend on the promises that i made to get elected. what we have is a roomful of people who made promises that probably can't be kept. and they're worried...
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that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr in washington, and also peter schear. great to have you both with us. thanks for coming back from various holidays. michael, this is not an economic crisis. this is not a market crisis. this feels like a political crisis. do you blame our leaders for failing to get their act together over this? >> mandy, it is a profound failure of leadership once again from washington. i mean, we have been facing this profligate spending for a long time. over the last four years it's been $5 trillion more than we've brought in in receipts. just think about that in terms of your own household if you spent 11%, 12% more than you brought in in your annual receipts. it doesn't work lo
that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr in washington, and also peter schear. great to have you...
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he said 800 billion is what he said during the election. >> and 6 trillion. >> yeah. >> spending is not the problem. >> no, i agree with you. >> i'm sorry. >> revenue is not the problem. >> yeah. >> it's been a long week, hasn't it? >> good luck on sunday, let's see what happens and we'll have you back afterward and see what's going on. >> let's get the market reaction. eamon hinted at this, and capital growth management and brian kelly, the co-founder of shelter harbor capital. can we bring up that chart again, guys so people can understand what happened today? we are showing you a one-day chart of both the dow, all three, the dow, the nasdaq and the s&p. this is a one-day chart. so harry reid comes out and says, folks, we are going off the cliff and the markets start to tumble and tumble and tumble and tumble and then 3:00 in the afternoon you see the sharp rise up and the house is coming back the in the session on sunday night to do something. we don't know what and the markets managed to get back to flat. so ken heebner, the market seemed to care about the deal getting done. is it g
he said 800 billion is what he said during the election. >> and 6 trillion. >> yeah. >> spending is not the problem. >> no, i agree with you. >> i'm sorry. >> revenue is not the problem. >> yeah. >> it's been a long week, hasn't it? >> good luck on sunday, let's see what happens and we'll have you back afterward and see what's going on. >> let's get the market reaction. eamon hinted at this, and capital growth management and brian...
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we've had the european debt crisis, we've had, you know, we've had the elections, we've had super storm sandy, we've had so many events, fiscal clifr, of course, being rerated by s&p. >> but the number one thing we're not talking about is the fed. you have this unbelievable accommodating monetary policy and a signal from the fed they're going to continue that to the tune of a trillion dollars a year. so, that's why the things has been conventional. this has been anything but a conventional year. if you didn't have that level of stimulus, i think the market would have gone a little sideways this year. >> right. let's talk about the big trades in today's session, from trash to treasure. can some of 2012's biggest losers be the best bets for 2013. this is, in fact, what we saw in today's session. these are some of the worst performers of the year, but in today's market, today's session, they actually led the markets. research in motion was a head scratcher of a move. >> the research in motion is very interesting, because i thought the move was over last week when it had that, seemed to be
we've had the european debt crisis, we've had, you know, we've had the elections, we've had super storm sandy, we've had so many events, fiscal clifr, of course, being rerated by s&p. >> but the number one thing we're not talking about is the fed. you have this unbelievable accommodating monetary policy and a signal from the fed they're going to continue that to the tune of a trillion dollars a year. so, that's why the things has been conventional. this has been anything but a...
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all of general dynamics move lately, melissa, has come since the election. so, this would be the one that i would play of that group. >> okay, jane? >> thanks, jane. >> finally a smackdown between writer dan lions and mark zuckerberg that randi zuckerberg said it wasn't cool that someone retweeted her photo. lion s ripped into her. how awful this might have been, how invasive. how terrible that someone might take something that belongs to you and use it in ways that you had not only anticipated and for which you had not given explicit permission! ouch. >> little pot calling the kettle black there. good for him. >> to me, he's like taylor swift, dan lions. i would never want to break up with him because he would probably annihilate you. >> how could this not be your favorite story of the day? >> it's a great story. juicy on all levels. >> what does it mean for the stock? >> yeah. >> it means nothing. >> maybe it doesn't mean anything for the stock. >> oh, boo-hoo. >> ultra regulate facebook at some point with the privacy stuff. maybe. >> maybe zucker berks go
all of general dynamics move lately, melissa, has come since the election. so, this would be the one that i would play of that group. >> okay, jane? >> thanks, jane. >> finally a smackdown between writer dan lions and mark zuckerberg that randi zuckerberg said it wasn't cool that someone retweeted her photo. lion s ripped into her. how awful this might have been, how invasive. how terrible that someone might take something that belongs to you and use it in ways that you had...
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won the election. therefore the 2% tax is a fait accompli. did may not read the exit polls, "a"? but "b," even more importantly, you know, the people that are giving them a hard time were duly elected, as well. honestly, what a bunch of knuckleheads. >> i know but you wonder why nothing's been done, because all they had to do was wait for january 1st. i'm going to play the geithner tape again when he sort of, you know, it kind of slipped where he said oh, yeah, we're ready to go. we're so ready to go over, and then they get -- >> no, he didn't slip. you know, somebody pulled the string and he said it. >> all right. coming up, is it too late to avoid the fiscal cliff or is there still hope for this 11th hour deal? we're going to ask democratic congressman jim mcdermott. >> are you suffering from market fatigue? do you feel confused and out of touch with today's markets? you may be suffering from a serious condition known as information deficit disorder. >> and it may be related to an imbalance of natura
won the election. therefore the 2% tax is a fait accompli. did may not read the exit polls, "a"? but "b," even more importantly, you know, the people that are giving them a hard time were duly elected, as well. honestly, what a bunch of knuckleheads. >> i know but you wonder why nothing's been done, because all they had to do was wait for january 1st. i'm going to play the geithner tape again when he sort of, you know, it kind of slipped where he said oh, yeah, we're...
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no election. i don't want that process. i don't want the feeling of rejection but i'd like to continue in this path. italy has to make a decision and i think the big money will line up behind him. we see the reactions when berlusconi was on the rise for those two days the bond market got trashed again in italy and he's been out there talking this morning anyway. >> switching gears to another country that has had a boatload of governments in the last six years let's look at japan, boy, there's a lot of wild things going on over there. >> you know what we saw last night or over the weekend. when the prime minister this week, well, he basically put the gun to the head of the boj and said i want a 2% inflation target. right now they have a 1% inflation target. he wants to double it and basically create as much money as they need to get to that level. just like the fed. is it 2? is it 2 1/2? 3? the bank of england has a 2% target, too. but they've been over that for years and there's always an excuse. but as we know, and as merv
no election. i don't want that process. i don't want the feeling of rejection but i'd like to continue in this path. italy has to make a decision and i think the big money will line up behind him. we see the reactions when berlusconi was on the rise for those two days the bond market got trashed again in italy and he's been out there talking this morning anyway. >> switching gears to another country that has had a boatload of governments in the last six years let's look at japan, boy,...
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Dec 26, 2012
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victory in general elections earlier this month. he has now taken the reins and unveiled his cabinet as well, which includes former prime minister aso who is deputy prime minister as well as finance minister. as the 58-year-old abe returns to the top post he vacated in 2007, his to-do list this time is very long. front and center is the economy, which has sputtered along in japan for the better part of two decades and is in recession once again. many will be watching to see how abe handling heightened tensions with china, as the two countries spar over disputed islands, as well as north korea, which defied the international community recently launching a rocket that skirted japanese territory. there's also japan energy policy, with abe suggesting n nuclear power will remain on the table despite ongoing troubles in fukushima. one last issue, just staying power. they have a well documented revolving door with prime ministers with shinzo abe becoming the seventh different leader in just six years. cnn, tokyo. >>> it appears to be a gro
victory in general elections earlier this month. he has now taken the reins and unveiled his cabinet as well, which includes former prime minister aso who is deputy prime minister as well as finance minister. as the 58-year-old abe returns to the top post he vacated in 2007, his to-do list this time is very long. front and center is the economy, which has sputtered along in japan for the better part of two decades and is in recession once again. many will be watching to see how abe handling...
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Dec 27, 2012
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. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> and make sure you join me for the biggest stories of the year in crime, politic, money and the most scandalous stories. the top ten of 2012, 8:00 eastern. a teen battling a terminal illness uses lyrics instead of letters to say goodbyes. >> it's kind of me always being there for him. like if they keep singing that song throughout their life, it will be worth it. >> this teen's final wish, next. s that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with less chronic osteoarthri
. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> and make sure you join me for the biggest stories of...
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Dec 31, 2012
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history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans think christie didn't have to be that abusive. he'll remember if his name pops up in 2016. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> from the say what category of entries comes a combo team, todd akin and richard murdoch. >> life is a gift from god, and i think even when life begins in that horrible situation of rape, it is something that god intended to happen. >> republican dreams to take control of the senate in 2012 had dwindled throughout the year, but akin and murdoch pretty much shut that door in a couple sentences. two words from mitt romney during the primary reverberated all the way through to
history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans think christie didn't have to be that abusive. he'll remember if his name pops up in 2016. >> if it's a...
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Dec 24, 2012
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two elections where one party has had far more financial firepower. one was with meg whitman and one was with romney. the most money lost. >> isn't that great? >> what does that tell you? >> the people are getting smarter. they're going, i don't like this amount of money spent on this election. there should be a given -- campaign finance reform is very important. i hope somebody does something about it. you should have a given amount, equal amount, equal air time. that's it. you know? that idea of corporations being people, no, no. this is a country of, by and for the people. not of, by and for the corporation. you know? it's like because i'm so against gmos, the modified food and i'm so against lobbying, you know, like chemical companies lobbying and proposition 37 was bad. that's scary. the poison in our foods and in the air and pollution. they give discretionary polluters -- we are having climate change. the republicans don't seem to want to acknowledge that. it is a major problem and you have to be a democrat to understand that or to believe in th
two elections where one party has had far more financial firepower. one was with meg whitman and one was with romney. the most money lost. >> isn't that great? >> what does that tell you? >> the people are getting smarter. they're going, i don't like this amount of money spent on this election. there should be a given -- campaign finance reform is very important. i hope somebody does something about it. you should have a given amount, equal amount, equal air time. that's it....
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Dec 27, 2012
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my dad thought if roosevelt got elected there'd never be another election. >> reporter: a vocal republican in his earlier years, he now leans left and a big obama supporter. >> i brought along figures i thought would be of interest to him, that was when i got the presidential medal of freedom. >> reporter: he's never had political ambitions like his father. >> that's my dad's campaign picture when he was 39 years old running for congress in 1942. this is my dad's desk, this sat on his desk when i was a kid, when i was 10 years old. i always admired it. >> reporter: i love this, the too hard box. >> there's a lot of things that belong in there. the real problem is if they belong in there and i don't realize it. >> reporter: then the model mars rover given to him by opportunities at caltech. >> that beats getting a t shirt. >> reporter: and the mock "sports illustrated" cover. >> they'll bring me out as water boy. >> reporter: no e-mail, perhaps the secret to buffett's success. i am convinced no e-mail is the secret to his success. >> who is tweeting while you're talking here? >> the amount
my dad thought if roosevelt got elected there'd never be another election. >> reporter: a vocal republican in his earlier years, he now leans left and a big obama supporter. >> i brought along figures i thought would be of interest to him, that was when i got the presidential medal of freedom. >> reporter: he's never had political ambitions like his father. >> that's my dad's campaign picture when he was 39 years old running for congress in 1942. this is my dad's desk,...
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Dec 26, 2012
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citizens united is a oshl face and keep your mind in the elections. country of the people who could again fit from that money. >> there have been two locks where one party has had far more financial power than the other. one was here in california, one was nationally but come any clearly had more monday than laum, along with money lost, war does that tell you about the peern people? >>s people are saying i don't like all this money spent on this election. i hope somebody does anything about temperature you hud havin that idea of corporations being people. no, no. this is a company of, by and for the people. not of, by and for the corporation. you know, lights -- -- gmos, the modified foot, like chemical cup the bad because the poison in our foods and in the air and they give plewes. we are having climate chang. the republican don't seem to want to acknowledge that. you have to be a democrat to stand that or to believe in that. >> you have ever been in love with a republican? >> never. >> could you ever be? >> no we never talked about politics. but i c
citizens united is a oshl face and keep your mind in the elections. country of the people who could again fit from that money. >> there have been two locks where one party has had far more financial power than the other. one was here in california, one was nationally but come any clearly had more monday than laum, along with money lost, war does that tell you about the peern people? >>s people are saying i don't like all this money spent on this election. i hope somebody does...
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Dec 25, 2012
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neither party wanted to address the tough issues before the election, so they kicked the can down the road right to the fiscal cliff, and of course, they blamed each other. best surprise for supporters of gay rights. state victories and supreme court consideration for same-sex marriage, the election of the first openly lesbian u.s. senator, and president obama finally coming around to their cause. >> my expectation is that when you look back on these years, you will see a time in which we put a stop to discrimination against gays and lesbians, whether in the office or in the battlefield. >> equality, you know, people shld be able to do whatever they really want in life. >> worst disappointment for supporters of comprehensive immigration reform. the president promised but won't be able to deliver until his second term, although he issued an executive order allowing children of undocumented workers to stay in the u.s. for college. best supreme court win for the white house, health care reform remains the law of the land. >> i'm sure we'll still be talking about it in 2013, but the big o
neither party wanted to address the tough issues before the election, so they kicked the can down the road right to the fiscal cliff, and of course, they blamed each other. best surprise for supporters of gay rights. state victories and supreme court consideration for same-sex marriage, the election of the first openly lesbian u.s. senator, and president obama finally coming around to their cause. >> my expectation is that when you look back on these years, you will see a time in which we...
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Dec 28, 2012
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>> there have been two elections since i've been in america, there have been two elections where one party has had far more financial firepower than the other. one was here in california with meg whitman, one was nationally, but romney clearly had more money than obama. for most of that campaign. in both cases, the one with the most money lost. >> isn't that great? >> what does that tell you? >> people are getting smarter. i don't like all this amount of money spent on this election. there should be a give -- campaign finance reform is very important. i hope somebody does something about it. you should have a given amount. equal amount. equal air time and that's it. you know? that idea of corporations being people, no, no. this is a country of, by and for the people, not of, by and for the corporation. you know. because i'm so against gmos, the modified food, and i'm so against lobbying, you know, by chemical companies lobbying, and that proposition 37, you know, was bad. and that's scary because the poison and, you know, the poison in our foods and the air and pollution, and they gi
>> there have been two elections since i've been in america, there have been two elections where one party has had far more financial firepower than the other. one was here in california with meg whitman, one was nationally, but romney clearly had more money than obama. for most of that campaign. in both cases, the one with the most money lost. >> isn't that great? >> what does that tell you? >> people are getting smarter. i don't like all this amount of money spent on...
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Dec 27, 2012
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obama was elected with a surplus of about three million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was response to something that the speaker gave them himself but i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they are going to do because he backed off even his own proposal. the house, we hear so often, is controlled by the republicans. and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support if it were reasonable. but right now we haven't heard anything. i don't know and it's none of my business, i guess, although i am very curious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legislate with yourself. we have nobody to work with,
obama was elected with a surplus of about three million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented to him something that would prevent us from going over the cliff. it was response to something that the speaker gave them himself but i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they are going to do because he backed off even his own proposal. the house, we...
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Dec 30, 2012
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i know house republicans say we were re-elected to you do you think winning the presidential election has a certain force to it maybe he feels overrides that. >> it was. it was good, solid win. 47, 48% of the country didn't agree with him. so that's not a small little number of differing opinions. >> that's true. and i think the president actually is complicit in our permanent state of cliffitis. we are going to have a tiny patch, not going to have a real deal that solves our problems. we're going into another fight. the world has been waiting for a year and a half for us to solve our first debt deal. it fell apart. waiting on a second one. we're going to rattle the global markets, tell our enemies we're cutting our military. we are telling everyone we're paralyzed. he's going to be complicit in that. it's not good for him to go into his second term the beginning of it, without the ability to go on to move on to clean fights. we're always at the cliff, always at the precipes of default and the inability to deal with entitlements to really give on -- and move to the center, on the side
i know house republicans say we were re-elected to you do you think winning the presidential election has a certain force to it maybe he feels overrides that. >> it was. it was good, solid win. 47, 48% of the country didn't agree with him. so that's not a small little number of differing opinions. >> that's true. and i think the president actually is complicit in our permanent state of cliffitis. we are going to have a tiny patch, not going to have a real deal that solves our...
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Dec 29, 2012
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and a lot of us lived this one, the wild ride to election day, 2012. cnn national political correspondent jim acosta has more on the story. >> reporter: the year started off with a surprise in a sweater vest. counting down the top campaign stories of the year at number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney, stumbled in some of the early contests. >> i like being able to fire people that provide services to me. >> reporter: he refused to release his tax returns, allowing another rival, newt gingrich, to take south carolina. >> we proved here in south carolina, that people power with the right ideas beats big money. >> reporter: but that big money eventually cleared the field. and romney set his sights on the president. >> it is still about the economy. and we arestupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had locked
and a lot of us lived this one, the wild ride to election day, 2012. cnn national political correspondent jim acosta has more on the story. >> reporter: the year started off with a surprise in a sweater vest. counting down the top campaign stories of the year at number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on...
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Dec 25, 2012
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. >> the election, the economy, same-sex marriage and more, to the issues that really matter. >> you know why we have to change the constitution? it was a flawed document. it was made by men. >> what does god mean to you? this is "piers morgan tonight." >> good evening, and happy holidays and welcome to a special "piers morgan tonight." joining me, one of the most influential speechtual leaders in the world, rick warren. we're going to talk about politics, sins, and much, much more. he's the author of "a purpose driven life." >> it's good to be here with you. >> what is the purpose of christmas? >> you know, the angels in the story the first christmas said three things. those three statements say the three purposes of christmas. they are celebration, salvation, and reconciliation. first thing the angels said was, i bring you good news of great joy. which shall be for all people. by the way, christmas isn't just for christians. they say it's for all people. good news for joy, it's a time to party. i love in the northern hemisphe hemisphere, christmas comes at the darkest part of our y
. >> the election, the economy, same-sex marriage and more, to the issues that really matter. >> you know why we have to change the constitution? it was a flawed document. it was made by men. >> what does god mean to you? this is "piers morgan tonight." >> good evening, and happy holidays and welcome to a special "piers morgan tonight." joining me, one of the most influential speechtual leaders in the world, rick warren. we're going to talk about...
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Dec 30, 2012
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superstorm sandy, ripping up the east coast just days before the big election. it was no longer a hurricane when it hit new york and new jersey, but it was horrible just the same, taking lives, devastating thousands of homes and businesses. >> we were out of business for eight days. in 100 years, carlos has never closed for more than a da i. i have to be honest with you, we were lucky. a lot of family, a lot of businesses got destroyed. >>> stunning pictures appeared as millions lost power, some for days, some for weeks. >> i never thought i would find out how long it takes to charge up my eye phone in a honda civic. the first couple of days without power it was like oh, it''s fun. i'm camping inside. the third day i'm going to kill my neighbor for his generator. >> at this point, if you haven't left, don't go out. >> great job, next time get a helmet and anchor. >> speaking of anchors, worst drag on the economy -- the relentlessly bad unemployment rate. sure, it got a little better, but 12 million americans are still out of work. worst realization -- fixing tha
superstorm sandy, ripping up the east coast just days before the big election. it was no longer a hurricane when it hit new york and new jersey, but it was horrible just the same, taking lives, devastating thousands of homes and businesses. >> we were out of business for eight days. in 100 years, carlos has never closed for more than a da i. i have to be honest with you, we were lucky. a lot of family, a lot of businesses got destroyed. >>> stunning pictures appeared as millions...
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Dec 27, 2012
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and they would play well in the sand box after the election. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on gun control. it's going to be the american public demanding action on immigration because we have to force them to act. >> but american public also has to stop acting as if they play no role in this. when you look at our politics over the last 20 years, if you were a moderate democrat and if you were a moderate republican, you frankly have been forced out of both parties, so as a result, you've lost the people who can actually bring sides together and say, hey, i could bring 18, 20 on my side of the house to come together. i can bring 18, 20 over here and we can construct a deal. the problem now is you have folks who said i'm in my corner. i'm in my corner and all we're going to do is have a standoff. >> amen, but are you saying you miss the blue dogs? blue
and they would play well in the sand box after the election. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on gun control. it's going to be the american public demanding action on immigration because we have to force them to act. >> but american public also has to stop acting as if they play no role in this....
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Dec 28, 2012
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history to survive a recall election. and another nod to a republican governor -- >> i cannot thank the president enough for his personal concern and compassion for our state and for the people of our state. >> reporter: new jersey governor chris christie's full on embrace of president obama for helping sandy ravaged new jersey came days before the election and had no noticeable effect on .presidential race, but some republicans think christie didn't have to be that effusive. they'll remember if his name pops up in 2016. >> if it is a legitimate rape, the female body has ways to try to shut that whole thing down. >> reporter: from the say what category of entries comes a combo team. missouri senate candidate todd akin and richard murdoch of indiana. >> life is a gift from god. i think even when life begins in that horrible situation of rape that it is something that god intended to happen. >> reporter: republican dreams to take control of the senate in 2012 had dwindled throughout the year, but akin and murdoch pretty muc
history to survive a recall election. and another nod to a republican governor -- >> i cannot thank the president enough for his personal concern and compassion for our state and for the people of our state. >> reporter: new jersey governor chris christie's full on embrace of president obama for helping sandy ravaged new jersey came days before the election and had no noticeable effect on .presidential race, but some republicans think christie didn't have to be that effusive....
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that's more than the annual gdp than 30 countries in the world we spent on the election. talk about wasting money. we can use this in the country for better things. i think it's shocking. >> i understand porn is part of something of the year as well that you want to talk about, porn? >> we learned something. women like to read porn. imt not sure about watching but read it thanks to 50 shades of gray. it sold off the book shelves and coined the term mommy porn as most women married with children read this with a little release to have fun. it will turn into a movie soon. men are more traditional and would rather see it than read about it. >> don't forget to check out his op-ed on cnn.com/opinion. thanks for watching today. "state of the union" with candy crowley starts now. >>> few big things get done in washington without drama, and we're although the precipice of a very bing thing. today the cliff-hanger. >> we're now at the last minute. >> wlaefr we come up with is imperfect. >> we'll work hard to get there. >> getting a deal and getting it passed with democratic senato
that's more than the annual gdp than 30 countries in the world we spent on the election. talk about wasting money. we can use this in the country for better things. i think it's shocking. >> i understand porn is part of something of the year as well that you want to talk about, porn? >> we learned something. women like to read porn. imt not sure about watching but read it thanks to 50 shades of gray. it sold off the book shelves and coined the term mommy porn as most women married...
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Dec 26, 2012
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number seven, republican presidential candidate mitt romney. >> this election is over, but our principles endure. >> he ran on his impressive business credential, but it was his multiple gaffes that analysts say helped seal his fate. remember the 47% comments? >> 47% who are with him. >> and this one. >> binders full of women. >> number six, ex-cia director general david petraeus. >> breaking news now coming in regarding the chief of the cia. general david petraeus. >> can you talk with us, please? >> the news was unexpected. the reason, shocking. petrae petraeus, retired four star general, had quit his cia post and admitted he had cheated on his wife. petraeus' mistress was also his biographier, paula broadwell, an embarrassing exit by one of the most respected public servants of his time. >> next you'll see the five most intriguing people of 2012. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny
number seven, republican presidential candidate mitt romney. >> this election is over, but our principles endure. >> he ran on his impressive business credential, but it was his multiple gaffes that analysts say helped seal his fate. remember the 47% comments? >> 47% who are with him. >> and this one. >> binders full of women. >> number six, ex-cia director general david petraeus. >> breaking news now coming in regarding the chief of the cia. general...
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Dec 26, 2012
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we have to come to the realize that the election ises past. let's put politics aside and let's he get things done. >> ana navarro, maria dough in a, thanks so much. >>> david gregory under investigation. did he violate d.c.'s gun laws on the air? jeffrey toobin joins me straight ahead. >>> an unusual police investigation here in the nation's capital. it started with this interview with a top nra leader on nbc's "meet the press." >> here is a magazine for ammunition that carries 30 bulletses. isn't it possible that if we got rid of these, if we replaced them and said could you only have a magazine that carries five or ten bullets, isn't it just possible that we could reduce the carnage? >> gun magazines like the one david gregory held up are illegal in the district of columbia presuming that was the real thing where "meet the press" is reported. i asked d.c. police about this and i got this statement. nbc contacted the met row poll tan police department inquiring if they could utilize a high capacity magazine for their segment. nbc was informed
we have to come to the realize that the election ises past. let's put politics aside and let's he get things done. >> ana navarro, maria dough in a, thanks so much. >>> david gregory under investigation. did he violate d.c.'s gun laws on the air? jeffrey toobin joins me straight ahead. >>> an unusual police investigation here in the nation's capital. it started with this interview with a top nra leader on nbc's "meet the press." >> here is a magazine for...
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Dec 26, 2012
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weeks after the election, he resigned. during the campaign, allegations surfaced that this man had urged his pregnant mistress to get an abortion decades ago. he denied the affair or the abortion and was re-elected. >> number five, libor pants on fire. even if you have never heard of libor, it probably has a big impact on your finances. they're determined in part by the rate at which banks borrow from each other, called libor. in june, british bank barclays paid half a million for manipulating these important interest rates and investigations at other banks are still ongoing. the sheer scale of it is huge. t it makes bernie madoff who made off with millions look like a skid row pick pocket. >> number four, big trouble in communist china. everybody thought one of the most powerful politicians in china was getting rid of crime and corruption until the summer when a court convicted his wife of murdering a british businessman and the government accused him of trying to hinder the investigation. as well as taking bribes and abu
weeks after the election, he resigned. during the campaign, allegations surfaced that this man had urged his pregnant mistress to get an abortion decades ago. he denied the affair or the abortion and was re-elected. >> number five, libor pants on fire. even if you have never heard of libor, it probably has a big impact on your finances. they're determined in part by the rate at which banks borrow from each other, called libor. in june, british bank barclays paid half a million for...
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Dec 29, 2012
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and the fact that we have been unable to do things and instead worried about our next elections instead of the next generation of americans, i think it's sinful and i hope that people turn out those who have been responsible for it. >> congressman, you're a straight shooter, we always appreciate you coming "outfront." >>> next, mixed feelings about gun control. most americans support a ban on assault weapons but also support the nra. >>> plus, allegations of child abuse at a u.s. military base. two workers in custody and 30 more taken off the job. what their background checks revealed. >>> horror in the nation's largest subway system. for the second time in one month a man is pushed to his death in front of a new york city subway train. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. to the best vacation sp(all) the gulf
and the fact that we have been unable to do things and instead worried about our next elections instead of the next generation of americans, i think it's sinful and i hope that people turn out those who have been responsible for it. >> congressman, you're a straight shooter, we always appreciate you coming "outfront." >>> next, mixed feelings about gun control. most americans support a ban on assault weapons but also support the nra. >>> plus, allegations of...